KIOCL has secured two mineral exploration projects worth around Rs 3.81 crore from National Mineral Exploration Trust (NMET), Ministry of Mines, Govt. of India. The first project is for reconnaissance survey (G-4) for polymetallic mineralization in Nagavanda Gold & Base Metal Block in parts of Dhanvangere, Haveri and Shimoga District, Karnataka (Block Area - 63.62 Sq. km). The cost of the project is Rs 1.48 crore (including GST).
The another project is for Preliminary Exploration for Amalgamated Kalburgi Limestone Blocks in Jevargi area, District Kalburgi (Block Area - 20 sq. km). The cost of the project is Rs 2.33 crore (including GST).
KIOCL is engaged in the business of manufacturing and exporting high quality Iron Oxide Pellets and supply of pig iron for domestic market. The company also in the business segment of Pellets, Pig Iron.
